Iranians rally to mark anniversary of 1979 United States embassy takeover

This image taken from the Twitter account of President Donald J. Trump @realDonaldTrump shows what looks like a movie-style poster that takes creative inspiration from the TV series 'Game of Thrones' to announce the re-imposition of sanctions

Gas flares from an oil production platform at the Soroush oil fields in the Persian Gulf, south of the capital Tehran.

The Trump administration on Friday announced the reimposition of all USA sanctions on Iran that had been lifted under the 2015 nuclear deal - but with an exemption for eight oil-buying nations that could include China.

Six of the countries had agreed to "greatly reduced" levels of oil purchases, Pompeo said, and two said they would soon end their imports of Iranian oil.

Thousands of Iranians chanting "Death to America" rallied on Sunday to mark the anniversary of the seizure of the U.S. Embassy during the 1979 Islamic Revolution and the imminent reimposition of U.S. sanctions on Iran's oil sector.

Along with the sanctions that will be reimposed on Monday, US President Donald Trump on Friday reimposed a second set of penalties on Iran that were withdrawn under the 2015 nuclear deal.

Trump said the deal was weak and favored Iran.

"We call on the regime to abandon its nuclear ambitions, change its destructive behaviour, respect the rights of its people, and return in good faith to the negotiating table", President Trump said in a statement, adding, the United States "remains open to reaching a new, more comprehensive deal".

Angered at what he describes as a awful deal, President Donald Trump earlier this year pulled the U.S. out of a multilateral agreement reached with Iran in 2015, under which strict controls were placed on Iran's nuclear programme in return for the lifting of a wide range of sanctions.

After the US' withdrawal from the deal, Trump signed fresh sanctions against Iran and warned countries against any cooperation with Tehran over its controversial nuclear weapons programme. India kept importing oil from Iran knowing it well that it will be saved from sanctions on being strategic partner of the US. There are many ways to convince the United States that this is essential for the country. For now no other countries, including China, would be part of it although that could change over time.

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Social media tore the joke apart, noting that donning a Halloween costume is "the only way" Clinton would ever be president. On Monday she announced her endorsement of 19 progressive candidates for state and local offices across the country.

The US treasury secretary, Steven Mnuchin, also announced that Swift, the private financial messaging service that allows banks to communicate securely, would also be subject to sanctions.

But will these companies risk being hit by secondary sanctions which would limit their own ability to trade with the US?

It "provided Iran broad relief from the global and USA secondary sanctions as the US administration waived relevant sanctions, revoked relevant executive orders, and corresponding United Nations and European Union sanctions were lifted", the almost 100-page CRS report said.

Analysts don't expect a complete halt, but there's a growing consensus that Trump's tough stance means crude exports will plunge further than during a previous round of sanctions under Barack Obama's administration in 2012.

"The maximum pressure we have imposed has caused the rial (currency) to drop dramatically, [President Hassan] Rouhani's cabinet is in disarray, and the Iranian people are raising their voice even louder against a corrupt and hypocritical regime", Pompeo said. There are no plans to cut crude purchases from Tehran to zero.

Pompeo said the exceptions were temporary and allotted to countries that had made progress toward cutting their dependence on Iranian supplies.

At a gathering on Saturday, Iran's supreme leader, Ayatollah Ali Khamenei, portrayed the sanctions as part of a long tradition of American hostility towards the Islamic Republic, which he said had nevertheless prevailed.

US Secretary of State Mike Pompeo said the sanctions were "aimed at fundamentally altering the behaviour" of Iran.

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